I was previously bearish on this setup, but I have seen strong bullish momentum lately which changes by bias.
Trade is now entered after a doji formed that respected the trendline and my previous bullish confluence stack.
Trade is now entered after a doji formed that respected the trendline and my previous bullish confluence stack.
Comment:
Last 2 candles have long bottom wicks - sellers are being exhausted?
Trade closed manually:
Closed it. Price hit a 50% Fib ratio and 4H level. A bearish variation has formed on the 15 minute chart so I'm protecting my capital now.
Looking at other markets for the meantime. Everything is so slow on UJ.
Looking at other markets for the meantime. Everything is so slow on UJ.
Trade closed: target reached:
Reached my target but I closed to early. That was a mistake.
Remind me to wait for closes on the hourly before closing??? Must work on my psychology, boys!
Remind me to wait for closes on the hourly before closing??? Must work on my psychology, boys!